<ARTICLE> UT
<CIK> 0000050172
<NAME> INDIANA MICHIGAN POWER COMPANY
<MULTIPLIER> 1,000
       
                                        
<PERIOD-TYPE>                              9-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               SEP-30-1998
<BOOK-VALUE>                                  PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                    2,533,597
<OTHER-PROPERTY-AND-INVEST>                    839,640
<TOTAL-CURRENT-ASSETS>                         324,678
<TOTAL-DEFERRED-CHARGES>                        30,583
<OTHER-ASSETS>                                 413,799
<TOTAL-ASSETS>                               4,142,297
<COMMON>                                        56,584
<CAPITAL-SURPLUS-PAID-IN>                      732,573
<RETAINED-EARNINGS>                            288,060
<TOTAL-COMMON-STOCKHOLDERS-EQ>               1,077,217
<PREFERRED-MANDATORY>                           68,445
<PREFERRED>                                      9,346
<LONG-TERM-DEBT-NET>                         1,124,961
<SHORT-TERM-NOTES>                              59,000 
<LONG-TERM-NOTES-PAYABLE>                            0
<COMMERCIAL-PAPER-OBLIGATIONS>                  44,500 
<LONG-TERM-DEBT-CURRENT-PORT>                        0
<PREFERRED-STOCK-CURRENT>                            0
<CAPITAL-LEASE-OBLIGATIONS>                    164,660
<LEASES-CURRENT>                                32,976
<OTHER-ITEMS-CAPITAL-AND-LIAB>               1,561,192
<TOT-CAPITALIZATION-AND-LIAB>                4,142,297
<GROSS-OPERATING-REVENUE>                    1,978,907
<INCOME-TAX-EXPENSE>                            57,880
<OTHER-OPERATING-EXPENSES>                   1,768,826
<TOTAL-OPERATING-EXPENSES>                   1,826,706
<OPERATING-INCOME-LOSS>                        152,201
<OTHER-INCOME-NET>                                 191
<INCOME-BEFORE-INTEREST-EXPEN>                 152,392
<TOTAL-INTEREST-EXPENSE>                        51,421
<NET-INCOME>                                   100,971
<PREFERRED-STOCK-DIVIDENDS>                      3,627
<EARNINGS-AVAILABLE-FOR-COMM>                   97,344
<COMMON-STOCK-DIVIDENDS>                        88,098
<TOTAL-INTEREST-ON-BONDS>                       27,336
<CASH-FLOW-OPERATIONS>                         139,634
<EPS-PRIMARY>                                        0<F1>
<EPS-DILUTED>                                        0<F1>
<FN>
<F1> All common stock owned by parent company; no EPS required.
</FN>